Janus Henderson Group (NYSE:JHG) Price Target Increased to $42.00 by Analysts at Morgan Stanley

Janus Henderson Group (NYSE:JHG) had its price objective hoisted by Morgan Stanley from $39.00 to $42.00 in a research report sent to investors on Friday, Benzinga reports. The firm currently has an equal weight rating on the stock.

A number of other equities analysts also recently issued reports on the company. Wells Fargo & Company raised their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. TD Cowen boosted their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. Evercore ISI boosted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a report on Friday, October 4th. Finally, StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $38.13.

Janus Henderson Group Stock Up 1.4 %

NYSE:JHG opened at $41.22 on Friday. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a twelve month low of $22.17 and a twelve month high of $41.47. The stock’s 50 day moving average price is $37.51 and its two-hundred day moving average price is $34.96. The firm has a market capitalization of $6.56 billion, a price-to-earnings ratio of 14.11, a price-to-earnings-growth ratio of 0.77 and a beta of 1.50.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.11. The company had revenue of $588.40 million for the quarter, compared to analysts’ expectations of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. Janus Henderson Group’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.62 earnings per share. Equities research analysts expect that Janus Henderson Group will post 3.26 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is 53.42%.

Insider Buying and Selling at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares of the company’s stock, valued at $4,634,087.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares in the company, valued at $3,251,142.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the sale, the chief financial officer now directly owns 130,171 shares of the company’s stock, valued at $4,634,087.60. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,651 shares of company stock worth $918,158. Insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Miller Howard Investments Inc. NY grew its position in Janus Henderson Group by 2.4% during the second quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock valued at $402,000 after buying an additional 282 shares during the period. Abich Financial Wealth Management LLC raised its holdings in shares of Janus Henderson Group by 26.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,797 shares of the company’s stock worth $61,000 after purchasing an additional 377 shares during the period. GAMMA Investing LLC raised its holdings in shares of Janus Henderson Group by 15.7% in the 3rd quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after purchasing an additional 382 shares during the period. Graypoint LLC lifted its stake in Janus Henderson Group by 4.2% in the second quarter. Graypoint LLC now owns 10,221 shares of the company’s stock valued at $345,000 after purchasing an additional 410 shares during the last quarter. Finally, Retirement Systems of Alabama increased its position in Janus Henderson Group by 0.3% in the first quarter. Retirement Systems of Alabama now owns 166,421 shares of the company’s stock worth $5,474,000 after buying an additional 439 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Company Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.